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What is the country that imports the second most oil from OPEC in the world?
Japan
What single country depends most on OPEC oil?
Since the 1970's 80% of the oil in the US comes from OPEC. Before 1970 the USnproduced 80% and imported 20%.
Which country buys the largest percentage of OPEC oil?
The United States, in fact, buys the largestpercentage of OPEC oil.
Is Germany a member of OPEC?
No. OPEC Members are all oil producing countries. Germany is not an oil producing country.
What type of government controls the OPEC?
OPEC controls most of the worlds oil source.
Which country is the most influential member of OPEC?
Saudi Arabia is considered the most influential member of OPEC due to its large oil reserves, production capacity, and role in influencing global oil prices.
Which country imports the most oil to US?
We import most of our oil from Canada. We are also the world's number two EXPORTER of oil.
How much oil does the US import from OPEC?
As of 2007, the amount of oil imported from OPEC was 5.394 million barrels per day , representing 53.8% of all crude oil imports. (SOURCE)the US Department of Energy's Energy Information Administration.
What body of water is closest to OPEC?
OPEC is a worldwide consortium of oil exporting countries - there isn't one country or region which defines OPEC.
What single country depends on oil from OPEC?
persian gulf..
Where does Australia get its energy from?
In 2011 oil accounted for 36% of Australia's energy used. The country imports most of its refined petroleum products from Singapore which depends on the Middle East for 80% of its supply. There has been an extensive shale oil discovery, but the cost of getting to the oil now overpowers the attractiveness of the discovery.
How do the actions of OPEC impact worldwide trade?
The OPEC, Organization of the Petroleum Exporting Countries, is a group of eleven developing countries that decide certain imports and exports in order to stabilize the market for goods such as oil.
